Prospector Profile 07.1501
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Aftersoft Group, Inc. |
NAICS |
511210 |
Regus House, Herons Way, Chester Business Park
Chester, United Kingdom CH4 9QR |
Description |
Software Publishers |
011-44-124-489-3138 |
Employees |
203 |
http://www.aftersoftgroup.com/ |
Revenue |
(mil) |
26.7780 |
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Income |
(mil) |
-3.4880 |
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Assets |
(mil) |
39.1460 |
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Liability |
(mil) |
14.1080 |
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(for the year ended 2007-06-30) |
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Category:
Loss/Deficit
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Event:
Aftersoft Group, Inc. had a net loss of $3.49 million on revenues of $26.78 million for the year ended June 30, 2007, much higher than the net loss of $1.28 million on revenues of $23.48 million reported during the previous fiscal year. As of June 30, 2007, the Company's balance sheet showed an accumulated deficit of $2.62 million. It also has strained liquidity with $7.57 million in total current assets available to pay $10.97 in total current liabilities.
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Intellectual Property:
The Company's MAM Software subsidiary holds a UK trademark for its Autonet product. The trademark is a graphical device that is made up of text saying “Autonet Tailored Internet Solutions for the Automotive Industry.” [SEC Filing 10-KSB 10-12-07]
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Description:
The Company provides software, information and services to the automotive aftermarket in the U.S., UK and Canada and to the automotive dealership market in the UK.
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Officers:
Ian Warwick (Chair, CEO & Dir.); Michael O’Driscoll (CFO); Simon Chadwick (COO & Dir.); Dwight B Mamanteo (Dir.); Marcus Wohlrab (Dir.); Frederick Wasserman (Dir.)
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Auditor:
KMJ Corbin & Company LLP
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Securities:
Common Stock-Symbol ASFG.OB; OTC BB;
87,054,471 common shares outstanding as of September 28, 2007.
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